Despite some improvements in revenue and narrowing losses, ZIP has struggled to significantly grow its customer base over the past 12 months. This stagnant customer growth highlights a key issue for the company: its ability to scale in an increasingly competitive market. Without expanding its user base, ZIP’s prospects for sustained growth remain limited, particularly in an environment with higher interest rates and increased credit risks. The lack of customer acquisition puts the company at risk of failing to capitalise on any market recovery, further delaying its path to profitability.
ZIP Price at posting:
$3.25 Sentiment: Sell Disclosure: Not Held
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